Wallace, NC Housing Market & City Data

Explore key insights and real experiences from people who call Wallace home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

3,863
Population Estimate
$114,357
Median Home Value
90.2%
Employment Rate
13.1%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of October 2026

HOUSING DATA (October 2026)

Median Price per SqFt$174
Median Listing Price$381,950
Median Days on Market66
Active Listings49
New Listings20
Total Listings (Active + Pending)69
Avg Listing Price$435,708
Avg Listing Price Change MoM-5%
Avg Listing Price Change YoY-14%

HOUSEHOLD OVERVIEW

Family Size3.73
Family Dual Income56.4
Median Household Income$35,321
Median Individual Income$21,116
Home Ownership62.0%
Home Value$114,357
Median Rent$564
Rent Burden30.9%
Poverty9.7%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED21.9%
  • Highschool Education29.9%
  • Some College35.1%
  • Bachelors Degree12.4%
  • Graduate Degree0.7%
  • Total College or Above13.1%
  • Stem Degree29.5%

GENDER BREAKDOWN

  • Male47.8%
  • Female52.2%

MARITAL STATUS

  • Married39.9%
  • Divorced20.0%
  • Never Married28.1%
  • Widowed12.0%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityWallace
State IDNC
Population3,863

AGE BREAKDOWN

Age Group% of Population
Under 1830.0%
19–297.9%
30–396.2%
40–4910.1%
Age Group% of Population
50–5919.2%
60–699.4%
70–799.1%
80+8.1%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation57.4%
Unemployment Rate9.8%
Disabled16.5%

ETHNICITY

White73.2%
Black20.4%
Asian0.0%
Native American3.9%
Pacific Islander0.0%
Other1.9%
Multiple0.6%

OTHER

Hispanic15.9%
Limited English7.9%
Health Uninsured12.8%
Veteran5.6%

Local Discussions

Community questions and conversations about living in Wallace, NC.

  1. Is Wallace, NC a good place to buy a house?

    Local perspectives on Wallace home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Wallace, NC for families?

    Local insights on Wallace neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Wallace, NC housing market?

    Local insights on Wallace home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Wallace, NC?

    Compare Wallace home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Wallace, NC?

    Explore Wallace neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Wallace, NC?

    Learn how Wallace home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Wallace, NC?

    Learn how Wallace property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Wallace, NC for first-time home buyers?

    Explore Wallace neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Wallace, NC?

    Local perspectives on Wallace neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Wallace, NC?

    What newcomers should know about Wallace housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Wallace, NC

Neighborhoods in Wallace, NC

No neighborhoods were found in the current property sample.